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Essex Property Trust (ESS) Competitors

Essex Property Trust logo
$301.76 -0.98 (-0.32%)
(As of 11/15/2024 ET)

ESS vs. AVB, EQR, MAA, SUI, UDR, ELS, CPT, UMH, AIV, and DLR

Should you be buying Essex Property Trust stock or one of its competitors? The main competitors of Essex Property Trust include AvalonBay Communities (AVB), Equity Residential (EQR), Mid-America Apartment Communities (MAA), Sun Communities (SUI), UDR (UDR), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), UMH Properties (UMH), Apartment Investment and Management (AIV), and Digital Realty Trust (DLR). These companies are all part of the "real estate investment trusts" industry.

Essex Property Trust vs.

Essex Property Trust (NYSE:ESS) and AvalonBay Communities (NYSE:AVB) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, media sentiment, analyst recommendations, dividends, community ranking, valuation, risk, institutional ownership and earnings.

Essex Property Trust currently has a consensus target price of $297.00, suggesting a potential downside of 1.58%. AvalonBay Communities has a consensus target price of $226.88, suggesting a potential downside of 1.11%. Given AvalonBay Communities' stronger consensus rating and higher probable upside, analysts clearly believe AvalonBay Communities is more favorable than Essex Property Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Essex Property Trust
1 Sell rating(s)
12 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.26
AvalonBay Communities
0 Sell rating(s)
11 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.39

AvalonBay Communities has higher revenue and earnings than Essex Property Trust. AvalonBay Communities is trading at a lower price-to-earnings ratio than Essex Property Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Essex Property Trust$1.67B11.62$405.83M$8.5635.25
AvalonBay Communities$2.77B11.79$928.83M$7.3131.38

In the previous week, AvalonBay Communities had 7 more articles in the media than Essex Property Trust. MarketBeat recorded 18 mentions for AvalonBay Communities and 11 mentions for Essex Property Trust. Essex Property Trust's average media sentiment score of 1.35 beat AvalonBay Communities' score of 0.44 indicating that Essex Property Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Essex Property Trust
10 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
AvalonBay Communities
8 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

AvalonBay Communities has a net margin of 36.20% compared to Essex Property Trust's net margin of 31.55%. Essex Property Trust's return on equity of 9.72% beat AvalonBay Communities' return on equity.

Company Net Margins Return on Equity Return on Assets
Essex Property Trust31.55% 9.72% 4.36%
AvalonBay Communities 36.20%8.84%4.98%

Essex Property Trust received 54 more outperform votes than AvalonBay Communities when rated by MarketBeat users. However, 60.45% of users gave AvalonBay Communities an outperform vote while only 56.46% of users gave Essex Property Trust an outperform vote.

CompanyUnderperformOutperform
Essex Property TrustOutperform Votes
725
56.46%
Underperform Votes
559
43.54%
AvalonBay CommunitiesOutperform Votes
671
60.45%
Underperform Votes
439
39.55%

Essex Property Trust has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500. Comparatively, AvalonBay Communities has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500.

96.5% of Essex Property Trust shares are held by institutional investors. Comparatively, 92.6% of AvalonBay Communities shares are held by institutional investors. 3.8% of Essex Property Trust shares are held by insiders. Comparatively, 0.4% of AvalonBay Communities shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Essex Property Trust pays an annual dividend of $9.80 per share and has a dividend yield of 3.2%. AvalonBay Communities pays an annual dividend of $6.80 per share and has a dividend yield of 3.0%. Essex Property Trust pays out 114.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. AvalonBay Communities pays out 93.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Essex Property Trust has raised its dividend for 30 consecutive years. Essex Property Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

AvalonBay Communities beats Essex Property Trust on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ESS vs. The Competition

MetricEssex Property TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$19.39B$7.51B$11.07B$19.76B
Dividend Yield3.25%6.57%5.95%3.50%
P/E Ratio35.2536.2826.8937.06
Price / Sales11.6210.1143.9817.77
Price / Cash20.1517.7118.4821.54
Price / Book3.451.973.714.64
Net Income$405.83M$145.32M$998.34M$982.94M
7 Day Performance-0.95%-2.86%-0.06%-2.12%
1 Month Performance2.52%-3.48%1.87%-0.39%
1 Year Performance43.00%16.24%24.81%23.34%

Essex Property Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ESS
Essex Property Trust
4.4793 of 5 stars
$301.76
-0.3%
$297.00
-1.6%
+42.6%$19.39B$1.67B35.251,750News Coverage
Positive News
AVB
AvalonBay Communities
3.8059 of 5 stars
$229.41
+0.6%
$226.88
-1.1%
+35.1%$32.63B$2.77B31.383,039Dividend Announcement
Analyst Forecast
Insider Selling
News Coverage
EQR
Equity Residential
4.358 of 5 stars
$73.59
+0.7%
$77.25
+5.0%
+32.7%$27.92B$2.87B30.162,400Analyst Upgrade
Short Interest ↓
News Coverage
MAA
Mid-America Apartment Communities
4.1193 of 5 stars
$158.09
+0.5%
$161.64
+2.2%
+29.8%$18.48B$2.15B35.692,427Analyst Forecast
News Coverage
SUI
Sun Communities
4.8221 of 5 stars
$125.16
+0.9%
$139.08
+11.1%
+1.8%$15.94B$3.22B67.296,780Analyst Upgrade
News Coverage
UDR
UDR
4.3921 of 5 stars
$44.31
-0.5%
$45.18
+2.0%
+34.3%$14.62B$1.63B119.761,410Analyst Forecast
News Coverage
ELS
Equity LifeStyle Properties
4.4615 of 5 stars
$70.89
-1.1%
$72.50
+2.3%
+1.3%$13.54B$1.49B36.544,000Analyst Forecast
Positive News
CPT
Camden Property Trust
4.105 of 5 stars
$119.77
-0.5%
$122.50
+2.3%
+36.8%$12.78B$1.55B37.901,640Analyst Downgrade
Short Interest ↓
UMH
UMH Properties
4.2999 of 5 stars
$19.16
-0.8%
$21.25
+10.9%
+34.6%$1.51B$220.93M147.40480Analyst Upgrade
Insider Selling
News Coverage
AIV
Apartment Investment and Management
1.0709 of 5 stars
$8.63
+2.0%
N/A+32.8%$1.22B$203.86M-4.9961Short Interest ↓
DLR
Digital Realty Trust
4.2202 of 5 stars
$179.67
+0.8%
$169.47
-5.7%
+32.9%$59.60B$5.48B150.983,664Analyst Forecast
Short Interest ↓
Positive News

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This page (NYSE:ESS) was last updated on 11/17/2024 by MarketBeat.com Staff
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